CTSL Message Board - Msg: 12437436

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To: MAELING who wrote (1319)	1/1/2000 11:29:00 PM
From: wolfdog2	Read Replies (1) of 1354

Maeling, consistency appears not to be one of your strong suits. I'm interested in MM's picks precisely because he does turn up some good values, as you suggest. I have no intention of sharing with you or anyone else what MM writes in his newsletter. I pay good money in order to receive it. If you would like to know what he has to say, I suggest that you subscribe to his newsletter! You also seem to misunderstand his growth flow model. He does not treat it as good will. Venture capitalists frequently try to buy companies at a price equal to a multiple of the money already invested. This is what MM is trying to do as well. The model does have a serious flaw, but I'll leave it to you to figure that out for yourself. Finally, I have no intention of defending MM's picks. I use him as a source of information. I have done very well with his picks. His timing has not always been the best, but you seem to have discovered that yourself. I have no objection to people criticizing MM. In fact I have done so myself on more than one occasion. However, I would prefer if the criticism were civil and informed. You seem to fail on both counts.

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